ViaSat acquires Cloud Company

Carlsbad, Calif., April 12, 2013 – ViaSat Inc. has acquired privately-held LonoCloud Inc., an early-stage company based in La Jolla, Calif. with expertise in cloud networking software.

The purchase price was not disclosed.

ViaSat said it intends to integrate core components of the LonoCloud Platform as a Service (PaaS) product with the ViaSat broadband network. ViaSat said LonoCloud employees will join ViaSat’s broadband networking team.

“Adding this core technical capability to our broadband network will both enhance our existing offering as well as shorten development cycles for new service offerings,” said Mark Dankberg, ViaSat chairman and CEO. “Further, we’re excited to add this talented team to our rapidly-growing broadband group.”

“Joining ViaSat allows us to continue innovating in advanced cloud services with a company known for continued technical innovation,” said Neil Senturia, LonoCloud CEO.

LonoCloud  has developed an innovative, cloud-based service platform to support the “Internet of Things.” The software system contains sophisticated, distributed mesh algorithms that create a network foundation for enterprise services and applications to interact and communicate with one another, according to a ViaSat statement.

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